November ICP down to $104.69 per barrel

Tuesday, December 3 2013 - 01:08 PM WIB

By Ruli Setiawan

The Indonesian basket oil price, known as Indonesian Crude Price (ICP), stood at US$104.69 per barrel in November 2013, down $1.70 from $106.39 in October 2013, as shown Tuesday on the Directorate General of Oil and Gas? website.

The benchmark price of Minas/ SLC crude averaged $105.96 per barrel in November 2013, a decrease from $108.35 in October 2013, the website also shows.

The increase occurred in line with the rise of crude prices on the international market.

Editing by Johannes Simbolon

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